Auto Loan Question

-EAD- · 06-15-2009, 03:17 PM

I'm not sure if/how your situation is different than mine, but here is my experience:

Last Wednesday night I applied for membership with PenFed and opened an account. I setup my online access, and then immediately applied for a car loan online.

After entering in all the required information and hiting submit, I immediately got feedback that I had been approved for the loan.

Thursday morning I called PenFed and told the lady I had been approved the night before. She verified my account information and identity. Then I provided her with the sellers name and the VIN number of the car I was purchasing. She went through some questions and answers and the check for purchase was ready for issue. We funded my account with enough money to have it shipped via FedEx overnight and Friday morning at work I had the check for the purchase of my new vehicle.

amusez34 · 12-09-2011, 12:42 AM

I want to ask what is your credit score and what rate did you get from PenFed? I am going to buy a 370z soon so I want to know what kind of rate I would get at around what score. Thanks man

Quote:

Originally Posted by -EAD-

I'm not sure if/how your situation is different than mine, but here is my experience:

Last Wednesday night I applied for membership with PenFed and opened an account. I setup my online access, and then immediately applied for a car loan online.

After entering in all the required information and hiting submit, I immediately got feedback that I had been approved for the loan.

Thursday morning I called PenFed and told the lady I had been approved the night before. She verified my account information and identity. Then I provided her with the sellers name and the VIN number of the car I was purchasing. She went through some questions and answers and the check for purchase was ready for issue. We funded my account with enough money to have it shipped via FedEx overnight and Friday morning at work I had the check for the purchase of my new vehicle.

jansonhubbs · 02-07-2012, 04:03 AM

If you want to get a auto loan with bad credit. I think first of all you have to view credit report online. There are some sites which provide consumer credit report. Before you start to shop for a loan first of all Exactly know your credit report.

Bad Credit Auto Loans

SS66 · 02-10-2012, 11:10 PM

This thread has a whole lot of wow..... just wowwwwww. Good luck with your efforts and possible purchase.

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06-15-2009, 03:17 PM	#1 (permalink)
-EAD- Base Member Join Date: Jan 2009 Location: Houston Posts: 16 Drives: Porsche Cayman S Rep Power: 18	I'm not sure if/how your situation is different than mine, but here is my experience: Last Wednesday night I applied for membership with PenFed and opened an account. I setup my online access, and then immediately applied for a car loan online. After entering in all the required information and hiting submit, I immediately got feedback that I had been approved for the loan. Thursday morning I called PenFed and told the lady I had been approved the night before. She verified my account information and identity. Then I provided her with the sellers name and the VIN number of the car I was purchasing. She went through some questions and answers and the check for purchase was ready for issue. We funded my account with enough money to have it shipped via FedEx overnight and Friday morning at work I had the check for the purchase of my new vehicle.

02-07-2012, 04:03 AM	#3 (permalink)
jansonhubbs Base Member Join Date: Feb 2012 Location: alaska Posts: 1 Drives: 2009 Rep Power: 15	If you want to get a auto loan with bad credit. I think first of all you have to view credit report online. There are some sites which provide consumer credit report. Before you start to shop for a loan first of all Exactly know your credit report. Bad Credit Auto Loans

02-10-2012, 11:10 PM	#4 (permalink)
SS66 Base Member Join Date: Apr 2011 Location: Overland Park, Kansas Posts: 165 Drives: 2011 370Z SP m6 Rep Power: 16	This thread has a whole lot of wow..... just wowwwwww. Good luck with your efforts and possible purchase.